Real estate news

The down market has created opportunities for homeowners who want to remodel their homes on a bargain price.

Real estate and home prices in these cities might recover earlier than the others.

This article about the current financial crisis is the best I have seen so far. The explanation on the cause and possible outcome provides some excellent points.

A nice writeup about the recent government takeover of Fannie and Freddie.

A map of U.S. states with unemployment, budget deficit and foreclosures information.

Long and insightful article. Do you agree?

Housing counselors and lenders both say Obama program is comprehensive approach that attacks root of economic crisis. But it won't help everyone.

Some markets might rebound earlier than the others, according to smartymonty.com. They are Seattle, Des Moines, Raleigh, Salt Lake City, Philadelphia, Birmingham, Denver.
What do you think?

FBI officials Tuesday disclosed complaints of mortgage fraud are piling up at record levels this year, and appear certain to shatter last year's record.

The Garden State ranks No.1 in solar installed per square mile. Other states among the top five were California, Colorado, Nevada and Arizona.

In the wake of the deep discount in certain areas, pending home sale has rebounded in December. According to NAR.

With the great mortgage rate and the higher tax credit, it may be a good timing for the potential home buyers to step in from the sideline. Although it may still be too early for certain areas in California (prices are still too high).

Earlier I reported on the always-surprising findings of our quarterly Homeowner Confidence Survey, which polls 1500+ U.S. homeowners about their perception of their own home’s value. Results show most homeowners are no longer in denial about whether their homes lost value in 2008 — 57 percent of U.S. homeowners say their home’s value declined over the past year, when in fact three-quarters ...

So let me get this straight,
They started the mess;
They continue to make it worse;
And we rescue them?

Home prices are heading down lower, according to this forecaster, Fiserv.
Cities like Miami, Orlando, Las Vegas, Phoenix, and Los Angeles will continue to be hard-hit areas.